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    715 Cohasset Court

    San Diego, CA 92109
    • $7,150,000
    • STATUS: ACTIVE
    • ON SITE: 101 days
    • ID#: 200032825
    $7,150,000
    • 3
      BEDS
    • N/A
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    BIG PRICE REDUCTION! 715 Cohasset Court is a top quality coastal San Diego 16 unit apartment property located in the A+ area of South Mission Beach, 100 steps to the boardwalk and Beach. Interior renovations include quartz countertops in kitchens and baths, white shaker cabinets in kitchen and baths, luxury vinyl plank flooring throughout, in-unit stackable washer/dryers, upscale front doors with keyless entries, modern paint, baseboards, molding and more. The exterior renovations include a new roof (with 10 year warranty), vinyl windows, stucco patch and repair, new paint (including front mural), new address sign, redesigned front elevation with landscaping, new code security gates, BBQ/lounge area and more. The property also includes a rooftop deck with 360 views of the Pacific Ocean and Sail Bay. Contact listing agent for full Offering Memorandum.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/107850131
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    715 Cohasset Court San Diego, CA 92109

    • Price: $7,150,000
    • Status: ACTIVE
    • ID#: 200032825
    3
    Beds
    3
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Pacific Beach (92109)
    County:
    San Diego
    Area:
    Pacific Beach (92109)
    Property Description
    BIG PRICE REDUCTION! 715 Cohasset Court is a top quality coastal San Diego 16 unit apartment property located in the A+ area of South Mission Beach, 100 steps to the boardwalk and Beach. Interior renovations include quartz countertops in kitchens and baths, white shaker cabinets in kitchen and baths, luxury vinyl plank flooring throughout, in-unit stackable washer/dryers, upscale front doors with keyless entries, modern paint, baseboards, molding and more. The exterior renovations include a new roof (with 10 year warranty), vinyl windows, stucco patch and repair, new paint (including front mural), new address sign, redesigned front elevation with landscaping, new code security gates, BBQ/lounge area and more. The property also includes a rooftop deck with 360 views of the Pacific Ocean and Sail Bay. Contact listing agent for full Offering Memorandum.
    Interior Features

    Sq Ft Of Improvement 6980

    Property Features

    Actual Cap Rate 4.0 Actual Gross Operating Income 427680 Actual Gross Scheduled Income 445500.0 Actual Operating Expense 142072 Actual Vacancy And Credit Loss 17820 Assumable Finance 0 Complex Features Bbq Gross Equity 0 Gross Multiplier 16.05 Have N/A Mandatory Remarks None Known Market Area Coastal South Motive Want Sell Projected Cap Rate 4.2 Projected Gross Multiplier 15.58 Projected Gross Operating Inc 440582 Projected Gross Scheduled Inc 458940 Projected Net Income 297994 Projected Operating Expense 142588 Projected Vacancy And Credit Loss 18358 Short Sale No Unit Number1 4 Unit Number2 10 Unit Number3 2

    Listing provided courtesy of Colliers International. Listing information © 2020 San Diego MLS Inc. Source: SDMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
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    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101